Asset Financing Export/Import

Inventory Control Menu -> Rental Inventory -> Financing field -> icon -> Asset Financing Export/Import

This utility can be used to update the Asset Financing for non-bulk rental products in the Asset Financing table.

The action flow includes the following actions:

•Create Blank Worksheet for Import Data:
 Click Export Template option in the radio group to generate a blank spreadsheet with the field column headings.
 The appropriate non-bulk rental products with financing information can be added to the spreadsheet that needs to be saved as a tab-delimited text file when complete, in preparation for importing back into SRM.

Note: Payments that have already been paid and posted to the General Ledger can be included in the schedule and flagged with a Y in the 'Finance Posted' and/or 'Interest Posted' columns.

•View Existing Data in Worksheet Format:
 Click Export option in the radio group to generate a spreadsheet populated with the existing assets and financing values.
 This is information only and cannot be used to re-import the data into SRM.

•Move the Saved Text File to the Server:
 Click Upload File to copy the tab-delimited text file from your client machine to the data directory on the server in preparation for importing.
 The Select a File to Upload utility is used to search for the file and to rename it to "asset_financing.txt" before completing the upload.
 File upload success or failure is displayed.

•Update the Assets with the new Values:
 Click Import to prompt for the date format in the Asset Finance Import date format window and to add the Asset Finance information for each eligible non-bulk rental product in the text file.

A spreadsheet will be generated displaying successful records and records with errors.
 Validation restrictions include:

oData can only be imported for non-bulk rental equipment that do not have an open schedule in Asset Financing.

oThe 'Product#' must be a valid non-bulk product in Rental Inventory.

oThe 'Finance Vendor#' must be valid in Vendor Information.

oThe 'Bank G/L Account' must be a valid asset account in Chart of Accounts and must be consistent across products on the spreadsheet that have the same 'Finance Contract#' and same 'Finance Vendor#'.

oThe period start loan balance must match the calculated end balance from the previous month.

oDates must be in sequence and cannot overlap and cannot be blank.

If some product schedules pass validation but some fail, the valid records will be imported.
 Confirmation is required to update the product Asset Financing tables with the new data.

•Exit 'Export/Import Asset Financing' sub-menu:
 Click Cancel when no further action is required.

Finished?

Click OK to initiate the action selected in the radio group.

Topic Keyword: AFHDR04 (6649)